It’s Only Common Sense Mastering the Follow-Up—The Key to Closing More Deals
Driving Innovation: Registration in PCB Production Throughout the Process
Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
Smart Cities Will Use 1.6 Billion Connected Things in 2016
December 7, 2015 | Gartner, Inc.Estimated reading time: 3 minutes
Gartner, Inc. estimates that 1.6 billion connected things will be used by smart cities* in 2016, an increase of 39 percent from 2015.
"Smart commercial buildings will be the highest user of Internet of Things (IoT) until 2017, after which smart homes will take the lead with just over 1 billion connected things in 2018," said Bettina Tratz-Ryan, research vice president at Gartner.
Commercial real estate benefits greatly from IoT implementation. IoT creates a unified view of facilities management as well as advanced service operations through the collection of data and insights from a multitude of sensors. "Especially in large sites, such as industrial zones, office parks, shopping malls, airports or seaports, IoT can help reduce the cost of energy, spatial management and building maintenance by up to 30 percent," added Ms. Tratz-Ryan.
The business applications that are fueling the growth of IoT in commercial buildings are handled through building information management systems that drive operations management, especially around energy efficiency and user-centric service environments. In 2016, commercial security cameras and webcams as well as indoor LEDs will drive total growth, representing 24 percent of the IoT market for smart cities.
IoT deployment in commercial buildings will continue to grow at a rapid pace over the next few years, and is on pace to reach just over 1 billion in 2018. "Incentives into the deployment of IoT in commercial real estate will fuel its development," said Ms. Tratz-Ryan. "The U.K.'s building information modelling (BIM) mandate, for example, requires that all public sector construction commencing in 2016 complies with BIM (level 2)." BIM utilizes data models coming from various information sources including IoT, which will be used by commercial real estate in the future.
In smart homes, the consumer IoT applications that are fuelling growth are smart TVs, smart set-top boxes, smart bulbs and various home automation tools such as smart thermostats, home security systems and kitchen appliances. "The growing maturity of smart home platforms through an ecosystem of home appliances, infotainment and home sensors will mean that smart home investments overtake those of commercial buildings in 2018," said Ms. Tratz-Ryan.
Smart homes will represent 21 percent of total IoT use in smart cities in 2016, and will record the highest increase over the next five years. "Device and wireless standards will be embedded in more devices. Homes will move from being interconnected to information- and smart-enabled — an integrated services environment that will provide value to the home and the individual ambience," added Ms. Tratz-Ryan.
Page 1 of 2
Share on:
Suggested Items
New Database of Materials Accelerates Electronics Innovation
05/05/2025 | ACN NewswireIn a collaboration between Murata Manufacturing Co., Ltd., and the National Institute for Materials Science (NIMS), researchers have built a comprehensive new database of dielectric material properties curated from thousands of scientific papers.
New Database of Materials Accelerates Electronics Innovation
05/02/2025 | ACN NewswireIn a collaboration between Murata Manufacturing Co., Ltd., and the National Institute for Materials Science (NIMS), researchers have built a comprehensive new database of dielectric material properties curated from thousands of scientific papers.
IT Distribution Records Strong Revenue Growth in Q1 Fueled by Personal Computing Purchases Amidst Tariff Uncertainty
05/02/2025 | IDCSales through distribution in North America posted a second consecutive quarter of growth in the first quarter of 2025. Distributor Revenues came in at $19.9B which is a 7.6% increase year-over-year, according to the International Data Corporation (IDC) North America Distribution Track e r (NADT).
INEMI Smart Manufacturing Tech Topic Series: Enhancing Yield and Quality with Explainable AI
05/02/2025 | iNEMIIn semiconductor manufacturing, the ability to analyze vast amounts of high-dimensional data is critical for ensuring product quality and optimizing wafer yield.
Nolan's Notes: The Next Killer App in Component Manufacturing
05/02/2025 | Nolan Johnson -- Column: Nolan's NotesFor quite a while, I’ve been wondering what the next “killer app” will be in electronics manufacturing and why it has been so long since the last disruptive change in EMS. I believe the answer lies in artificial intelligence, which has exploded as the next disruptor.